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for Norway

Why Have EVs Taken Off in Some Markets but Not Others?
A favorable political environment is needed to support electric vehicle policies, and countries must be wealthy enough to afford subsidies. EV policy also needs to be clear and sustained to give consumers and automakers certainty.

As EV Sales Surge, Government Support Still Crucial to Meet Ambitious Goals
The car industry is moving forward with new EV models, governments have set aggressive targets, and consumers are becoming more comfortable with the new technology, bringing about ideal conditions for electric cars to continue to thrive, even with low oil prices.

Russia Ramps Up Arctic Ambitions Despite Low Prices
The Arctic’s strategic importance to Moscow helps explain why Russia is moving ahead so aggressively in the region while the economic case for doing so is questionable

Germany’s Proposed Plug-In Vehicle Incentives Likely to Drive Dramatic Uptick in Sales
Given the predisposition of German consumers towards consider electric vehicles, the growing popularity of EVs across Europe, and the importance of purchase incentives in driving EV sales, the measure has the potential to spur a dramatic uptick in electric vehicle adoption.

Low Oil Prices Undercut Arctic Oil Ambitions
Despite its potential, the Arctic will not likely see large-scale development in the near-to-medium term, if ever. The region’s remote location, lack of infrastructure, harsh conditions, and most importantly, the high-cost of drilling will continue to undermine Arctic oil drilling.

Norway Hit Hard by Low Oil Price, Outlook Remains Bright
Norway, which produces just under 2 million barrels per day (mbd), is not experiencing the social and political turmoil seen in Iraq, Venezuela or Russia, but it is still taking major hits from the precipitous drop in prices as a result of oil’s integral role in the country’s economy.

Professor Michael Ross on the Consequences of Oil Wealth
Far from being a blessing—oil wealth can prop up dictatorships, slow economic development, and prevent government transparency.